Worries over high-interest rates continued to weigh on market sentiment after the minutes of the Fed’s July meeting showed that several policymakers were open to further rate increases to fight inflation. Yesterday, the stock market notched a three-day losing streak, with the Dow Jones dropping 0.84%. Meanwhile, the S&P 500 and the Nasdaq fell 0.77% and 1.17%, respectively.
Amid an uncertain macro environment, it could be wise to invest in robust emerging market ETFs Vanguard FTSE Emerging Markets ETF (VWO) and Global X Emerging Markets Internet & E-commerce ETF (EWEB) for portfolio diversification and solid returns.
